EVN AG - M&A Activity 2023 | FinancialReports.eu

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Ad-hoc | 18 September 2023 09:26

EVN AG: EVN decides to commence a structured bidder process for WTE

EVN AG / Key word(s): Investment/Disposal

EVN AG: EVN decides to commence a structured bidder process for WTE

18-Sep-2023 / 09:26 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

The Management Board of EVN AG ( EVN ) has just decided to commence a structured bidder process for WTE Wassertechnik GmbH ( WTE ), which represents EVN’s international project business as reported in its environmental segment. The structured bidder process is aimed at identifying investors who will fully acquire WTE and support its future development while EVN intends to continue to focus on its core business in the energy sector.

A transaction would, in particular, be subject to the approval of various business partners of WTE in connection with its infrastructure projects, an agreement with an investor on the commercial transaction parameters as well as on the transaction documents, the approval by the Management Board and the Supervisory Board of EVN and approvals by authorities.

Contact:

Gerald Reidinger

Head of Controlling and Investor Relations

Phone: +43 2236 200-12698

E-mail: [email protected]

Stefan Zach

Head of Information and Communication

Phone: +43 2236 200-12294

E-mail: [email protected]

End of Inside Information

18-Sep-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com


Language:	English
Company:	EVN AG
	EVN Platz
	2344 Maria Enzersdorf
	Austria
Phone:	+43-2236-200-12294
E-mail:	[email protected]
Internet:	www.evn.at
ISIN:	AT0000741053
WKN:	074105
Indices:	ATX
Listed:	Vienna Stock Exchange (Official Market)
EQS News ID:	1727839